Najib’s accounts were poorly managed, court hears

Filepix taken on June 10 shows former Prime Minister Najib Abdul Razak at the Kuala Lumpur High Court. — Bernama

KUALA LUMPUR: The High Court was told that three bank accounts belonging to Datuk Seri Najib Tun Razak were poorly managed.

This was disclosed through a BBM chat log between former Yayasan Rakyat 1Malaysia (YR1M) CEO Ung Su Ling and Joanna Yu Ging Ping, an AmBank former relationship manager, on Feb 9, 2014, read out by Najib’s lawyer Harvinderjit Singh.

Harvinderjit: Ung Su Ling’s message to you, “Ahh I can imagine la the conduct of the accounts is poor”. She was referring to how the 898, 906 and 880 accounts (Najib’s Ambank’s accounts) have been conducted. She understood how the accounts were being managed.

Ung Su Ling said “I’m going to see our friend (fugitive businessman Low Taek Jho, also known as Jho Low) to find a better way to manage this” and you replied, “no worries”.

This conversation took place in regard to money movement from SRC International Sdn Bhd’s funds into Najib’s account ending with number 880 to ensure the cheque issued from the account would not bounce.

The 54th prosecution witness also agreed with the lawyer’s suggestion that there were numerous transfers made from SRC to Najib’s “880” account.